Meta’s Landmark Antitrust Trial Begins Over Instagram and WhatsApp Acquisitions
A significant antitrust trial against Meta commenced Monday in Washington, where the Federal Trade Commission (FTC) alleges the social media giant engaged in anticompetitive practices by acquiring Instagram and WhatsApp. The FTC contends that Meta, which owned Facebook, purchased Instagram in 2012 and WhatsApp in 2014 specifically to eliminate competition and establish a monopoly. Although the FTC initially reviewed and approved these acquisitions with a commitment to monitor outcomes, a victory in this case could force Meta CEO Mark Zuckerberg to divest both platforms. Meta has expressed confidence in winning the case. Experts suggest the company will likely argue that Instagram users have benefited from Meta's ownership. "The FTC's argument is that the acquisition of Instagram was a way of neutralizing this rising competitive threat to Facebook," explains Rebecca Haw Allensworth, a professor of antitrust at Vanderbilt Law School. Allensworth […]